Bill Status of HB5766 101st General Assembly
Short Description: USE/OCC TX-REDUCE RATE
Rep. David McSweeney
| 1/13/2021||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reduces the rate of tax under those Acts for a 3-month period to 4.69% (currently 6.25%). Provides that, during that period, with respect to food, medicines, drugs, medical appliances, and other devices that are ordinarily subject to a 1% rate of tax, the tax is imposed at the rate of 0.75%. Effective immediately.
|Date||Chamber|| Action|| 5/5/2020||House||Filed with the Clerk by Rep. David McSweeney|| 5/18/2020||House||First Reading|| 5/18/2020||House||Referred to Rules Committee|| 1/13/2021||House||Session Sine Die|